1 . |
However , while the Government and |
a . |
Additional help in matching |
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industry are already taking steps to |
the incentives ( e . g . cheap |
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raise demand for energy efficient |
land , lower interest rates ) |
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lighting , there exist supply side |
offered by some of our |
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weaknesses in LED lighting |
neighbouring countries ( like |
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products and LED Luminaires . |
China , Sri Lanka ) for |
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a . |
Limited testing capacity for |
manufacture of LEDs is |
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LED lighting . |
needed . |
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b . |
Heavy dependence on imports |
4 . |
Further , Indian manufacturing has |
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for electronic components and |
potential to become more cost |
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LED chips , as well as end |
competitive vs . China with |
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product . |
increasing labour costs in China |
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2 . |
Currently , our strength lies in |
compared to India , and a |
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conventional Luminaires and |
weakened INR vs . a strengthening |
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complete range of lamp |
CNY . |
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manufacture , as well as availability |
5 . |
Large volumes of low quality |
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of a strong labour force for |
imports in recent years have |
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assembling LED products . |
affected consumer confidence in |
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a . |
However , our involvement in |
new technologies , thus increasing |
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luminaire design and research |
the need for quality-control on |
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needs strengthening . |
supply in the market . Additionally , |
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3 . |
India has been very successful in |
customers have been using |
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manufacturing CFL and this can be |
increasing amount of smart |
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replicated in LED as well . |
controls in lighting . |
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India Lighting Industry : SWOT analysis | |||||
Strengths |
materials . |
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Ü
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Ü
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Huge demand forecasted for all types of lighting products , specially
LED and CFLs , driven by increasing awareness and rural electrification .
Large distribution network , with a huge number of retail outlets •
Availability of huge manpower
( skilled / unskilled ).
Availability of natural resources , except rare earth material .
Strong manufacturing capability and capacity for luminaires and light sources ( GLS , CFL , FTL ) which are ready for conversion to LEDs manufacturing plants .
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High cost of capital due to high interest rates .
Ü
Low consumer confidence , due to poor quality products in the market .
Ü
Low awareness among consumers about benefits of LEDs / CFLs , consumers scared by the cost without understanding the benefits .
Ü
Poor power quality condition , requiring products to have very strong specification .
Ü
Weak logistics infrastructure .
Ü
Inefficient & high transportation cost .
Opportunity
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Weakness
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The Indian lighting industry is less energy efficient compared to other countries ; significant scope for improvement .
Ü
Low capability for domestic production of electronics ; majority of value-add for Indian LED market is done outside of India .
Ü
Less Govt . support compared to global competitors like China , who has become a global manufacturing hub for LED /
Electrical components through a lot of government support .
Ü
Low R & D and Testing lab capability .
Ü
Lack of skill development programs and institutions .
Ü
No availability of rare earth
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Ü
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Ü
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Huge potential to move LED and electronic component manufacturing to India .
India likely to become cost competitive vs . China on export of manufactured goods due to increasing and higher labour costs in China , and a strengthening Yuan , coupled with a weakening rupee .
Potential to move to greater automation in lighting ( including dimmablity option ) via a strict and mandatory Energy Conservation
Building Code ( ECBC ). This would also leverage India ’ s software skills for automation .
Fast growing Indian infrastructure
( projected to grow by 5-7 % CAGR over next 5 years ).
Scope for more environment friendly products and their disposal .
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